Statute of Limitations for Account Stated / Open Account in Arkansas
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Arkansas statute-of-limitations: period is 3; statute of limitations years is 5.
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- Period: 3
- Statute Of Limitations Years: 5
- Government Notice Period Days: 120
- Limitation Period: no limitation — first-degree murder may be prosecuted at any time
How the limitation period applies
The controlling primary authority for account-stated-open-account is Ark. Code Ann. § 16-56-105.
Ark. Code Ann. § 16-56-105. The following actions shall be commenced within three (3) years after the cause of action accrues: (1) All actions founded upon any contract, obligation, or liability not under seal and not in writing, excepting such as are brought upon the judgment or decree of some court of record of the United States or of this or some other state; (2) All actions for arrearages of rent not reserved by some instrument in writing, under seal; (3) All actions founded on any contract or liability, expressed or implied; (4) All actions for trespass on lands; (5) All actions for libels; and (6) All actions for taking or injuring any goods or chattels.
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DocketMath's statute-of-limitations tool can model these timelines once you identify the controlling claim type and accrual date. Use the source panel for the verified primary-source citations.
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Sources
Verified across multiple secondary sources cross-referenced for agreement: law.justia.com, codes.findlaw.com.
Corroboration method: spa_subagent_dual_fetch.
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